Northland Capmk Comments on Ooma's Q4 Earnings (NYSE:OOMA)

Ooma, Inc. (NYSE:OOMA - Free Report) - Equities researchers at Northland Capmk increased their Q4 2026 earnings per share estimates for shares of Ooma in a report released on Wednesday, March 5th. Northland Capmk analyst M. Latimore now expects that the technology company will earn $0.04 per share for the quarter, up from their previous forecast of $0.02. The consensus estimate for Ooma's current full-year earnings is ($0.06) per share.

A number of other equities research analysts have also issued reports on the company. B. Riley upped their price target on Ooma from $14.50 to $15.50 and gave the company a "buy" rating in a research report on Monday, November 25th. Benchmark lifted their target price on Ooma from $17.00 to $20.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. StockNews.com upgraded Ooma from a "buy" rating to a "strong-buy" rating in a report on Friday, December 6th. Lake Street Capital cut their price target on Ooma from $18.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Finally, Northland Securities upped their target price on shares of Ooma from $16.00 to $18.00 and gave the company an "outperform" rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Ooma currently has a consensus rating of "Buy" and an average price target of $17.63.

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Ooma Price Performance

Ooma stock traded down $0.15 during midday trading on Friday, reaching $13.61. The company had a trading volume of 170,534 shares, compared to its average volume of 113,745. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.08 and a quick ratio of 0.82. Ooma has a 12-month low of $6.50 and a 12-month high of $17.00. The company has a market capitalization of $367.50 million, a P/E ratio of -36.79 and a beta of 0.99. The firm's fifty day simple moving average is $14.38 and its 200-day simple moving average is $13.22.

Institutional Investors Weigh In On Ooma

Institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of Ooma in the 4th quarter worth about $92,000. Virtus Investment Advisers Inc. purchased a new stake in shares of Ooma during the 3rd quarter valued at about $98,000. EntryPoint Capital LLC acquired a new position in shares of Ooma during the fourth quarter worth $153,000. Paloma Partners Management Co acquired a new position in Ooma in the 3rd quarter worth $126,000. Finally, Oxford Asset Management LLP purchased a new position in Ooma in the fourth quarter valued at about $168,000. Hedge funds and other institutional investors own 80.42% of the company's stock.

Insider Buying and Selling

In other news, Director Andrew H. Galligan sold 14,824 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total transaction of $215,837.44. Following the completion of the sale, the director now directly owns 241,932 shares of the company's stock, valued at $3,522,529.92. The trade was a 5.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.76% of the stock is owned by company insiders.

Ooma Company Profile

Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.